Road to Wall Street
This grid trading robot is based on the Moving Average indicator, does not use take profit and stop loss. Positions are opened when the price crosses the moving average and fixes below or above it. Order (orders) are closed when reaching the profit predefined by trader or when exceeding the limit on the open orders. The product works both on 4 and 5-digit quotes. Specify values in points like for 4 decimal places in the input parameters, and it will automatically recalculate everything for 5 decimal places.
Pair: EURUSD, timeframes: M15, M30; maximum lot size for 4-digit quotes is calculated by the formula: ((deposit * 0,01) / 100) * 2. Example: ((5000 * 0.01) / 100) * 2 = 1. Or for a 5-digit broker: ((5000 * 0,001) / 100 * 2 = 0,1.
- Lots - lot size
- Profit - take profit value of deal (deals). If "0", take profit is automatically calculated depending on the lot size.
- Step - step (in points)
- Magic - magic number
- OrdersTotalMax - maximum number of open deals at a time
- Maperiod - period of the Moving Average indicator
- Mashift - shift of the Moving Average indicator